The company's asset base of $1.0B is heavily weighted toward $338M in goodwill and intangible assets, while retained earnings remain deeply negative at -$1.3B, indicating a reliance on external capital.
| Total Current Assets | 436.01M | 549.68M | 288.6M | 244.78M | 236.52M | 324.68M | 61.34M | 38.74M | 41.63M |
| Cash & Short-Term Investments | 197.44M | 280.56M | 110.21M | 100.33M | 122.72M | 222.38M | 11.78M | 8.23M | 23.84M |
| Cash Only | 197.44M | 280.56M | 110.21M | 100.33M | 122.72M | 222.38M | 11.78M | 8.23M | 23.84M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 173.64M | 187.7M | 124.44M | 116.87M | 73.21M | 77.34M | 34.86M | 27.02M | 13.82M |
| Days Sales Outstanding | 89.19 | 102.33 | 88.9 | 103.29 | 78.36 | 107.44 | 84.98 | 86.06 | 57.58 |
| Inventory | 401K | 284K | 482K | 347K | 283K | 530K | 384K | 281K | 159K |
| Days Inventory Outstanding | 0.24 | 0.2 | 0.46 | 0.37 | 0.31 | 0.41 | 1.23 | 1.15 | 1.12 |
| Other Current Assets | 0 | 14.99M | 26.13M | 0 | 12.1M | 0 | 10.2M | 0 | 1.27M |
| Total Non-Current Assets | 581.66M | 580.6M | 503.67M | 530.94M | 536.82M | 562.4M | 329.67M | 336.56M | 319.8M |
| Property, Plant & Equipment | 62.91M | 60.64M | 26.5M | 18.56M | 19.34M | 14.45M | 5M | 4.88M | 3.33M |
| Fixed Asset Turnover | 12.07x | 11.04x | 19.28x | 22.25x | 17.63x | 18.19x | 29.94x | 23.48x | 26.31x |
| Goodwill | 338.05M | 338.05M | 326.01M | 326.01M | 309.89M | 346.42M | 200.62M | 192.98M | 182.99M |
| Intangible Assets | 143.03M | 144.2M | 115.54M | 129.67M | 149.25M | 191.22M | 114.54M | 126.44M | 126.58M |
| Long-Term Investments | 125.28M | 32.59M | 31.72M | 26.4M | 23.68M | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 5.03M | 3.48M | 2.71M | 30.3M | 34.66M | 10.32M | 9.5M | 12.08M | 6.89M |
| Total Assets | 1.02B | 1.13B | 792.27M | 775.72M | 773.34M | 887.08M | 391M | 375.3M | 361.43M |
| Asset Turnover | 0.69x | 0.59x | 0.64x | 0.53x | 0.44x | 0.30x | 0.38x | 0.31x | 0.24x |
| Asset Growth % | 129.21% | 42.67% | 2.13% | 0.31% | -12.82% | 126.87% | 4.19% | 3.84% | - |
| Total Current Liabilities | 273.96M | 352.88M | 201.57M | 182.91M | 171.14M | 152.81M | 85.35M | 54.65M | 24.97M |
| Accounts Payable | 61.25M | 112.25M | 36.66M | 57.38M | 33.12M | 19.88M | 10.11M | 13.29M | 5.44M |
| Days Payables Outstanding | 43.55 | 79.45 | 35.01 | 60.89 | 35.75 | 15.24 | 32.34 | 54.32 | 38.33 |
| Short-Term Debt | 5.01M | 5.02M | 19K | 7.57M | 7.41M | 23K | 10.27M | 25K | 0 |
| Deferred Revenue (Current) | 331.12M | 97.1M | 73.39M | 44.34M | 41.27M | 29.87M | 0 | 16.02M | 0 |
| Other Current Liabilities | 133.09M | 138.51M | 6.44M | 10.63M | 25.26M | 44.31M | 29.75M | 0 | 8.66M |
| Current Ratio | 1.59x | 1.56x | 1.43x | 1.34x | 1.38x | 2.12x | 0.72x | 0.71x | 1.67x |
| Quick Ratio | 1.59x | 1.56x | 1.43x | 1.34x | 1.38x | 2.12x | 0.71x | 0.70x | 1.66x |
| Cash Conversion Cycle | 45.88 | 23.08 | 54.35 | 42.78 | 42.91 | 92.61 | 53.87 | 32.89 | 20.38 |
| Total Non-Current Liabilities | 48.61M | 52.93M | 18.29M | 19.79M | 25.38M | 28.09M | 94.41M | 402M | 75.32M |
| Long-Term Debt | 0 | 0 | 0 | 19K | 7.09M | 65K | 82.72M | 73.17M | 62.76M |
| Capital Lease Obligations | 103.91M | 25.47M | 4.49M | 3.5M | 3.28M | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 38.96M | 7.19M | 13.8M | 15.34M | 15.01M | 16.9M | 0 | 6.22M | 0 |
| Other Non-Current Liabilities | 16.29M | 20.27M | 0 | 936K | 0 | 11.13M | 11.69M | 322.62M | 12.55M |
| Total Liabilities | 322.57M | 405.81M | 219.86M | 202.71M | 196.52M | 180.91M | 179.76M | 456.66M | 100.29M |
| Total Debt | 30.55M | 30.5M | 7.51M | 14.7M | 21.24M | 88K | 93M | 73.19M | 62.76M |
| Net Debt | -166.89M | -250.06M | -102.7M | -85.63M | -101.48M | -222.29M | 81.21M | 64.96M | 38.92M |
| Debt / Equity | 0.04x | 0.04x | 0.01x | 0.03x | 0.04x | 0.00x | 0.44x | - | 0.24x |
| Debt / EBITDA | -0.56x | - | 0.54x | 4.67x | - | - | 6.64x | - | 996.21x |
| Net Debt / EBITDA | 3.07x | - | -7.32x | -27.18x | - | - | 5.80x | - | 617.86x |
| Interest Coverage | -75.96x | -17432.17x | - | - | -121.86x | -180.46x | -2.62x | -5.14x | - |
| Total Equity | 695.1M | 724.48M | 572.4M | 573.02M | 576.82M | 706.18M | 211.25M | -81.36M | 261.14M |
| Equity Growth % | 84.85% | 26.57% | -0.11% | -0.66% | -18.32% | 234.29% | 359.64% | -131.16% | - |
| Book Value per Share | 2.58 | 2.84 | 2.49 | 2.54 | 2.90 | 4.68 | 1.18 | -0.46 | 1.00 |
| Total Shareholders' Equity | 695.1M | 724.48M | 572.4M | 573.02M | 576.82M | 706.18M | 211.25M | -81.36M | 261.14M |
| Common Stock | 2.62M | 2.5M | 2.15M | 2.13M | 2.02M | 1.94M | 700K | 24K | 23K |
| Retained Earnings | -1.25B | -1.2B | -1.09B | -1.02B | -938.95M | -757.32M | -153.24M | -91.02M | -22.49M |
| Treasury Stock | -17.65M | -17.65M | -17.65M | -17.65M | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -45.42M | -53.53M | -24.64M | -33.06M | -55.17M | -173K | 11.39M | 7.24M | -3.11M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Escalating Rights Cost Pressure
According to quarterly financial statements, GENI's total assets grew from $775.7M in 2023Q4 to $1.0B by 2026Q1, yet this expansion is largely supported by rising liabilities rather than retained earnings, which remain deeply negative at $1.3B, signaling a business model that requires constant external capital support.
The trajectory of the balance sheet suggests a company aggressively scaling its footprint, yet the persistent deficit in retained earnings indicates that this growth has not yet translated into self-sustaining profitability. Investors should monitor whether the asset base, which is increasingly comprised of intangible rights, can generate sufficient returns to eventually reverse this trend.
As reported in recent filings, goodwill and intangible assets account for approximately $338M of the $1.0B total asset base as of 2026Q1, highlighting a reliance on acquired rights and intellectual property that may be subject to impairment if the underlying sports betting market growth decelerates.
The asset mix is heavily skewed toward intangible assets, which reflects the company's strategy of securing exclusive data rights to maintain its competitive moat. This concentration warrants caution, as the value of these assets is intrinsically linked to the company's ability to monetize them through sportsbook partnerships, which are subject to regulatory and competitive pressures.
Based on the latest quarterly data, GENI's cash position dropped from $280.6M in 2025Q4 to $197.4M in 2026Q1, while the current ratio remains at 1.59, suggesting that while short-term obligations are covered, the company remains vulnerable to the seasonal cash outflows inherent in its rights-heavy business model.
The significant fluctuation in cash balances between quarters underscores the company's sensitivity to the timing of league payments and sportsbook revenue settlements. While the current ratio appears adequate, the rapid depletion of cash reserves during off-peak periods suggests that liquidity management is a critical operational challenge that could necessitate future financing.
Analysis of recent financial disclosures suggests that the company's reported debt of $30.6M significantly understates its true financial obligations, as the firm is committed to substantial, non-cancellable minimum guarantee payments to sports leagues that function as off-balance-sheet liabilities, creating a rigid cost structure that limits financial flexibility.
While the headline debt-to-equity ratio appears low at 0.04, this metric may be misleading because it ignores the contractual commitments to pay for data rights regardless of revenue performance. These obligations represent a form of fixed-cost leverage that could exacerbate financial strain during periods of lower-than-expected betting volume.
Quick answers to the most common questions about buying GENI stock.
As of 2025, Genius Sports Limited (GENI) had total assets of $1.13B including $549.7M in current assets.
Genius Sports Limited (GENI) carries total debt of $30.5M, offset by $280.6M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Genius Sports Limited (GENI) has total shareholders' equity (book value) of $724.5M ($2.84 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Genius Sports Limited (GENI) reported a current ratio of 1.56x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.